News Details

Renault steps up investment plan

Halfway through a debut season which has proved every bit as challenging as expected, Renault has admitted that it cannot afford to stick to its original 5-year programme and has therefore decided to move it forward while increasing the amount of funding provided. 'We had put together a five-year plan, with an investment package, managing director Cyril Abiteboul told Autosport, 'but a couple of weeks ago we had approval to increase that package and bring it forward. 'What we want is to make a difference as quickly as possible,' he admitted, 'and for that there is no better way than to accelerate what we need to do over the five-year plan.' Although the first half-season has been largely...
Full Story »
9y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Renault – Ready for Germany or stuck in first gear?

Renaults Nick Chester is optimistic for the German GP but will it...
10y ago from F1.co.uk

German GP was 'two steps forward' for Kvyat

 XPB Images Daniil Kvyat says he felt like he took "two...
10y ago from F1i.com

Vettel positive but wants 'steps forward'

– Sebastian Vettel described a "positive" opening day of...
10y ago from GPUpdate.net

Vettel positive but eyes Ferrari progress

Scuderia Ferrari Sebastian Vettel described his Friday running as...
10y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Raul Fernandez signs two-year extension with...

Raul Fernandez has confirmed he will remain with the Trackhouse MotoGP...
22h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Exceptional build quality noted in first test runs of...

This past weekend, the first high-speed tests of IndyCar’s future IR-28...
16h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Hijack on: Arsenal expected to pivot to Liverpool...

Arsenal could reportedly be set to pivot to a potential transfer move for...
42m ago from CaughtOffside.com

Agreement reached: Vinicius Junior makes final...

Vinicius Junior may reportedly have reached an agreement to sign a new...
1h ago from CaughtOffside.com

Vinicius Junior's Instagram stunt will get Arsenal...

Vinicius Junior has taken the unusual step of completely wiping his...
1h ago from CaughtOffside.com

Arsenal disappointing in Dublin as Vinicius Jr pursuit...

Morning all. Let's start with the game in Dublin last night, and I think...
42m ago from Arseblog.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.